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about the tax component of this fiscal cliff and it absolutely is a tax component. we talk about taxes as it relates to small businesses and creating jobs. we talk about taxes as it relates to individual families and being able to make ends meet. but what this chart shows, mr. speaker, is spending and tax revenue of the federal government of the united states of america from 1947 out to 2077. and you can't see the intory indicate detail here, mr. speaker, but what you can see here from far, far away is this green line that represents tax revenue is a relatively flat and constant line. as a general rule it doesn't matter whether tax rate were the 90% marginal rates, the 70% marginal rates that they were when john f. kennedy was president and he cut taxes or whether they were 28 marginal rate during the reagan years. mr. speaker, it turns out -- and this is of no surprise to you -- turns out the american people are pretty smart. and if you raise taxes on this behavior, they switch to this behavior. and if you raise taxes on that behavior, they switch to this behavior. because at the end
of an agreement for the fiscal cliff? >> we're not going to negotiate over what is a fundamental responsibility of congress which is to pay the bells that congress incurs. it should be part of the deal, it should be done, and it should be done without drama. we cannot allow our economy to be held hostage again to the whims of an ideological agenda. it's -- we are the united states of america. we are the greatest economy on earth. we pay our bills, we always have. if congress wants to reduce spending, that should be part of the negotiations. that go into making digs about how we spend -- the programs we spend money on. and the president is very interested in reducing spending an reducing our deficit but you don't default on the economy. that is -- we saw -- we saw what happened in 2011. and it's unacceptable. >> disease did the president have a chance to speak to any republicans last night at the reception here about the fiscal cliff? >> the president and first lady met with scores and scores of lawmakers last night, as is the norm in a situation like this, but i'm not going to read out individu
Search Results 0 to 1 of about 2